Man Utd named third most valuable sports team


The Washington Redskins remain one of the most valuable sports franchises in the world, but D.C.'s National Football League team dropped out of the top 10 on Forbes "Most Valuable Sports Teams" list this year.

A year earlier, the Broncos were valued at $1.45 billion.

The rankings are based on Forbes' analysis done over the previous year for all NFL, NHL, NBA, MLB, soccer, NASCAR and Formula One teams.

In Forbes' separate database of the world's billionaires, Ravens owner Steve Bisciotti was ranked the 474th richest man in the world with a net worth of $3.8 billion, an increase of $700 million from last year's valuation that ranked him 569th. That left 36 franchises worth at least $1 billion outside the top 50.

Yet the Premier League giants are still less valuable than American sporting behemoths the Dallas Cowboys and the New York Yankees according to the magazine.

For the first time in five years, Manchester United have been named the most valuable football club by Forbes.

"Jerry Jones turned a money-losing franchise into the most profitable sports franchise in the world as AT&T Stadium generates the highest sponsorship and premium seating revenue in the sport". Rivals Liverpool don't make the list.

No ice hockey, Formula One or Nascar teams made the cut.